Snoop Dogg helps Avegant reach $9.37 million in funding for its HMD

Avegant reaches $9.37 million in series A funding with the help of Intel and... Snoop Dogg.

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Oculus VR gets all the headlines when it comes to VR, but Avegant has just secured itself $9.37 million in series A funding, which was lead by Intel Capital, NHN Investment and... Snoop Dogg. Yes, the rapper. Avegant says that the injection of funds will "help carry Avegant through its manufacturing milestones".

Snoop Dogg helps Avegant reach $9.37 million in funding for its HMD 08

Avegant has an interesting HMD in the Glyph, as it is a head-mounted display that has built-in over-ear headphones, something where the headphone band can be tweaked down to position something the company refers to as a "virtual retinal display" in front of users' eyes. It is let down by its 45-degree viewing angle, but the company is pushing it as a unique display tech device, with a portable form-factor.

Snoop Dogg helps Avegant reach $9.37 million in funding for its HMD 09

At the Intel Capital Global Summit, it was announced that Avegant had raised an additional $9.37 million in series A funding, an investing roun that included Kaiwu Capital, Crunch Fund, 500 Startups, DN Capital, Calvin Broadus Jr., and the Michigan Angel Fund. Avegant's final design of the Glyph will be shown at CES 2015, where we will hopefully get some hands-on time with it.

NEWS SOURCE:roadtovr.com

Anthony joined the TweakTown team in 2010 and has since reviewed 100s of graphics cards. Anthony is a long time PC enthusiast with a passion of hate for games built around consoles. FPS gaming since the pre-Quake days, where you were insulted if you used a mouse to aim, he has been addicted to gaming and hardware ever since. Working in IT retail for 10 years gave him great experience with custom-built PCs. His addiction to GPU tech is unwavering and has recently taken a keen interest in artificial intelligence (AI) hardware.

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